Category
Global
Stories and analysis from The Business Now newsroom.
Business
SK Hynix Targets Higher US Offering Price as AI Chip Demand Fuels Investor Optimism
South Korean semiconductor giant SK Hynix is reportedly seeking to price its planned U.S. offering at approximately 3.1% above its latest closing price in South Korea, signaling strong confidence in investor demand and the continued momentum behind artificial intelligence (AI) infrastructure. The move comes as global semiconductor companies remain at the center of the AI...
Global
Iran Reportedly Launches Ballistic Missiles Toward Jordan Military Base: What We Know So Far
Fresh reports circulating on Thursday claim that Iran launched multiple ballistic missiles toward Jordan’s Azraq Military Base, marking a potentially significant escalation in regional tensions. According to early reports cited by state-affiliated media and market alerts, approximately 10 ballistic missiles were reportedly launched toward the military installation. At the time of publication, officials had not...
Economy
Why Did SpaceX’s Falcon 9 Create a Giant “Space Jellyfish”? The Science Behind the Viral Sky Phenomenon
When SpaceX’s Falcon 9 rocket blasted off from Florida in the early hours of Thursday morning, the mission itself was already making history. The reusable booster completed its 36th successful flight, extending its own record and once again proving why SpaceX remains the global leader in reusable rocket technology. But while aerospace engineers celebrated another...
Economy
Mortgage Rates Today (July 9, 2026): Falling Rates Offer Relief for Homebuyers and Homeowners
Mortgage Rates Continue to Fall, Giving Buyers a Welcome Break After months of elevated borrowing costs, U.S. mortgage rates are continuing their gradual decline, providing encouraging news for both prospective homebuyers and homeowners considering refinancing. The latest market trends show that mortgage rates have eased for several consecutive sessions, helping improve affordability in a housing...
Economy
U.S. Launches Fresh Wave of Airstrikes on Iran as Middle East Crisis Escalates
The United States has reportedly launched another wave of military strikes against Iran, marking a significant escalation in the rapidly expanding conflict that has gripped the Middle East over the past several weeks. According to multiple reports, including Axios and Reuters, U.S. forces targeted additional Iranian military assets in an effort to further weaken Tehran’s...
Economy
Trump Administration Launches Major H-1B Visa Fraud Investigation; Cognizant Among Companies Named
US Expands Probe Into Alleged H-1B Visa Fraud The Trump administration has launched what officials describe as one of the most extensive investigations into alleged H-1B visa fraud in recent years. According to statements from the US Department of Labor’s Office of Inspector General, investigators have issued numerous summonses as part of a broader effort...
Global
Ukraine Launches Major Drone Strikes on Russian Oil Refineries and Tankers: What It Means for Global Oil Prices, Crimea, and India
Ukraine Targets Russian Energy Infrastructure in One of the Largest Drone Operations Ukraine has launched one of its most significant long-range drone campaigns of the year, targeting multiple Russian oil refineries and fuel tankers linked to supplying occupied Crimea. According to Ukrainian officials, the overnight operation struck three oil refineries and several tankers believed to...
Global
Trump Threatens Fresh Action Against Iran: Says US May Strike Again, Warns of Kharg Island Operation and Hormuz Blockade
Trump Escalates Pressure on Iran with Fresh Military Warning Tensions in the Middle East have intensified once again after U.S. President Donald Trump warned that the United States could launch additional military strikes against Iran if American interests or regional allies come under threat. Trump also raised the possibility of targeting Iran’s Kharg Island, the...
Economy
Trump and Zelenskyy Meet at NATO Summit: High-Stakes Talks Signal a New Chapter in Ukraine’s Future
Trump and Zelenskyy Hold Crucial Bilateral Meeting at NATO Summit Global attention turned to the NATO Summit as U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy held a high-profile bilateral meeting, sparking renewed speculation about the future of the Russia-Ukraine conflict, Western military support, and the broader security landscape in Europe. The meeting came...